Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Stock Price Up 25% – Should You Buy?

Shares of Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) were up 25% during trading on Friday . The stock traded as high as $13.7199 and last traded at $16.7250. Approximately 13,049 shares were traded during trading, an increase of 39% from the average daily volume of 9,416 shares. The stock had previously closed at $13.3850.

Fidelity Electric Vehicles and Future Transportation ETF Stock Up 25.0%

The company has a market capitalization of $31.78 million, a PE ratio of 21.91 and a beta of 1.36. The firm has a 50-day moving average of $16.80 and a two-hundred day moving average of $16.27.

Institutional Trading of Fidelity Electric Vehicles and Future Transportation ETF

A hedge fund recently bought a new stake in Fidelity Electric Vehicles and Future Transportation ETF stock. Jane Street Group LLC acquired a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 13,704 shares of the company’s stock, valued at approximately $203,000. Jane Street Group LLC owned approximately 0.72% of Fidelity Electric Vehicles and Future Transportation ETF at the end of the most recent quarter.

About Fidelity Electric Vehicles and Future Transportation ETF

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of companies that are involved in the production of electric and\u002For autonomous vehicles or other initiatives regarding the future of transportation. FDRV was launched on Oct 5, 2021 and is managed by Fidelity.